Category Archives: Steve Wynn

Building better mousetraps

Posted on March 6, 2014 by David McKee

Were I Steve Wynn, I would be feeling somewhat discouraged by my prospects in Massachusetts. Just look at what happened to Cordish Gaming. Its Leominster slot-parlor proposal got high marks, but was ultimately passed over because Penn National Gaming‘s rival … Continue reading →

Posted in Atlantic City, Cordish Co., Entertainment, Horseracing, Marketing, Massachusetts, Mohegan Sun, Penn National, Reno, Steve Wynn, Technology, Transportation, Warner Gaming | Comments Off

Vegas: Behind the standoff; Sands: Another one bites the dust

Posted on March 6, 2014 by David McKee

As the Culinary Union heads toward a March 20 strike vote, the culprit behind its stalemate with over a dozen casinos has been identified as the Affordable Care Act. “The biggest hurdle to reaching settlements in Vegas is the new … Continue reading →

Posted in Culinary Union, Harrah's, Massachusetts, MGM Mirage, Pennsylvania, Politics, Riviera, Sheldon Adelson, Steve Wynn, The Strip | 1 Comment

More slots for the Sunshine State; Sheldon’s big payday

Posted on March 5, 2014 by David McKee

A 453-page casino-enabling bill in the Florida state Senate just got a bit longer when Sen. Maria Sachs added language that would enable six additional counties (Palm Beach, Gadsden, Washington, Lee, Hamilton and Brevard) to have slots at their parimutuels. … Continue reading →

Posted in Arizona, Atlantic City, Environment, Florida, International, Isle of Capri, Macau, Politics, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes, Transportation, Tribal | 1 Comment

Across the Pacific

Posted on February 25, 2014 by David McKee

Rash or merely aggressive? That’s the question now that MGM Resorts International CEO Jim Murren has vowed to match Las Vegas Sands‘ Japanese investments dollar for dollar — as much as $10 billion. “We will overinvest early on to ensure, … Continue reading →

Posted in Harrah's, history, Japan, Macau, Maryland, MGM Mirage, Ohio, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off

Macao: Who’s the boss?; Iowa racing, gone to the dogs

Posted on February 20, 2014 by David McKee

Jim Murren, Steve Wynn and Sheldon Adelson may find themselves held hostage to the temper of Sino-American relationships, if chatter from Chinese sources holds true. It’s being put about that casino concessions could be shortened to five years. Stocks of … Continue reading →

Posted in Animals, Harrah's, Internet gambling, Iowa, Macau, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Steve Wynn | Comments Off

Discontent in Beantown; Sands, Day 4

Posted on February 14, 2014 by David McKee

Boston Mayor Martin J. Walsh (right) wants the awarding of a Beantown-area casino put off … mainly so he’ll have more time to cadge and scheme his way into “host community” status, where the big money is to be found. Steve … Continue reading →

Posted in Dining, Illinois, Massachusetts, MGM Mirage, Mississippi, Mohegan Sun, Pennsylvania, Sheldon Adelson, Slot routes, Steve Wynn | 1 Comment

Massachusetts slams Mohegans, Foxwoods; Mohegan slams Wynn

Posted on February 11, 2014 by David McKee

Following a stinging expose of Mohegan Sun and Foxwoods Resort Casino‘s habit of placing liens on the homes of casino debtors. Massachusetts Attorney General Martha Coakley was moved to action. She is urging the Massachusetts Gaming Commission to prohibit the … Continue reading →

Posted in Environment, Foxwoods, Massachusetts, Mohegan Sun, New York, Regulation, Steve Wynn, Taxes | 1 Comment

Intimidation at Aria; Big sell-off at Wynn

Posted on February 10, 2014 by David McKee

Is Aria getting a little big for its britches? Nevada Gaming Control Board agents say they were harassed at the 4,000-room casino, specifically when trying to monitor the roulette wheel. “The complaint said two state agents who had not identified themselves … Continue reading →

Posted in Harrah's, history, Macau, MGM Mirage, New York, Regulation, Steve Wynn | Comments Off

Penn gets frostbite; Virginia passes up gambling

Posted on February 6, 2014 by David McKee

Caught between harsh weather and a tighter competitive squeeze, Penn National Gaming posted 4Q13 revenues that were 13% down from last year. The $645 million loss drew a surprisingly muted reaction from gaming analysts. The company is already drastically reducing … Continue reading →

Posted in California, Louisiana, Macau, Missouri, Ohio, Penn National, Politics, Problem gambling, Racinos, Sheldon Adelson, Stanley Ho, Steve Wynn, Taxes, Wall Street | Comments Off

The many faces of Steve Wynn

Posted on February 4, 2014 by David McKee

It’s great sport following the tortuous circumlocutions through which Wynn Resorts is putting itself, trying to square its varying positions on Internet gambling. El Steve declared himself against it in an interview with Jon Ralston, although he game himself a … Continue reading →

Posted in Atlantic City, Harrah's, Internet gambling, Macau, Massachusetts, Regulation, Steve Wynn | 1 Comment

The hypocrisy of Steve Wynn

Posted on February 3, 2014 by David McKee

Like a couple of crotchety codgers sitting in their rocking chairs, Steve Wynn has joined Sheldon Adelson in the “You kids get off my lawn” club when it comes to Internet gambling. (Not that he has allowed this to stop … Continue reading →

Posted in Atlantic City, Delaware, Economy, International, Internet gambling, Massachusetts, Pennsylvania, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes | Comments Off

Super Bowl hits Vegas jackpot; Hope for Caesars overseas

Posted on February 3, 2014 by David McKee

“It was embarrassing, humiliating and unbearable,” but when the Super Bowl was over, Nevada sports books had cleaned up … except for that safety on the first play from scrimmage, costly for the Denver Broncos and the books alike. Heavy … Continue reading →

Posted in Aristocrat, Atlantic City, Bally Technologies, Boyd Gaming, Harrah's, International, LVCVA, MGM Mirage, Revel, Sheldon Adelson, Sports, Steve Wynn, The Strip, Tourism | Comments Off

Buoyancy in Vegas, contentment at Wynn

Posted on January 31, 2014 by David McKee

Despite somewhat less money being dropped on the Las Vegas Strip, revenue was up 13% last December, closing out a strong 4Q13. Statewide, revenue was up 10%, slightly over a billion dollars. Tighter slot hold on the Strip helped fuel … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Downtown, Economy, Lake Tahoe, Laughlin, Macau, Massachusetts, Mohegan Sun, Racinos, Reno, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | Comments Off

Wynnside Wynncore

Posted on January 23, 2014 by David McKee

If you’re registered on the guestbook at Wynn Las Vegas or Encore you are an invitee to “our new Wynn Insider program. As a Wynn Insider you will be the first to receive information about our resort and you’ll have … Continue reading →

Posted in Current, Harrah's, Marketing, Steve Wynn, The Strip, Tourism | Comments Off

The importance of being Steve Wynn

Posted on January 23, 2014 by David McKee

How can you pitch a multi-billion-dollar casino in largely extemporaneous fashion, bereft of glossy renderings or a video fly-through. By being Steve Wynn, that’s how. His pitch to the Massachusetts Gaming Commission seems to have been less about touting the … Continue reading →

Posted in Downtown, Foxwoods, Genting, Massachusetts, Mohegan Sun, Regulation, Rhode Island, Steve Wynn | Comments Off

Just when …

Posted on January 20, 2014 by David McKee

You thought Atlantic City had taken its lumps for January, but here comes an additional indignity. Borgata was forced to cancel part of its Winter Poker Open in mid-tourney. Casino surveillance detected the insinuation of fake chips into the tournament’s … Continue reading →

Posted in Atlantic City, Bally Technologies, Macau, MGM Mirage, Sheldon Adelson, Steve Wynn, Technology, Wall Street | Comments Off

What’s in a brand?

Posted on January 17, 2014 by David McKee

Quite a lot, especially if it’s Wynn Resorts.

Posted in Marketing, Steve Wynn, The Strip | Comments Off

A tale of two cities

Posted on January 15, 2014 by David McKee

On Jan. 21, at 9 p.m., Bloomberg Television will be airing this documentary. Based on the trailer, I’m not impressed, as it yokes together an Atlantic City betting spree with unrelated — and hardly new — scenes of Las Vegas‘ … Continue reading →

Posted in Atlantic City, Boyd Gaming, Economy, Harrah's, MGM Mirage, Steve Wynn, TV | Comments Off

Viva Macao; Battling for dollars in Maine

Posted on January 14, 2014 by David McKee

Hard as it may be to believe, Macao is on track to gross $77 million in 2017. That leaves Las Vegas hopelessly in the dust as a gambling destination, especially with non-gaming amenities taking up a bigger share of the … Continue reading →

Posted in Churchill Downs, Economy, Entertainment, Macau, Maine, Melco Crown Entertainment, MGM Mirage, Penn National, Sheldon Adelson, Steve Wynn, The Strip | Comments Off

Genting: We bombed in Miami; Jockeying for position in Massachusetts

Posted on January 10, 2014 by David McKee

It took almost no time at all for Genting Group’s latest Miami proposal to draw heavy political criticism. State Sen. Gwen Margolis (D), who represents the area, thinks a slot parlor is too downscale for the neighborhood. She also points … Continue reading →

Posted in Genting, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Racinos, Steve Wynn, Transportation | Comments Off